Day 358: All I Learned About Business …
You know how some people read books by Warren Buffett or Donald Trump or Suzie Orman or about Steve Jobs to figure out who a person is that created such an impressive business empire?
I’m pretty sure the best business advice I’ve ever heard comes from Jay Z and Kenny Rogers.
Stay with me here …
There’s a song in which Jay Z says “I’m not a businessman, I’m a business … man … “
Think about it – is that not brilliant? He is a business, man. He has turned his life into an empire. The man is a phenomenal artist. He’s probably a better businessman. Everything that guy does makes him money: from his clothes (he has his own line) to his music (he owns the label) to his love for sports (he owns an NBA team). He had no reason to make it to the top – except one: each decision that he makes has turned him into a business … man …
Obviously, on a much, much, MUCH less scale, I feel that I, as a small business owner, should be doing the same thing. Each move should be carefully plotted, each decision should have a benefit. If I can’t justify my decision as a smart business move, I need to let it go. No Emotion.
And then there’s Kenny Rogers … the man who so brilliantly sang “you’ve got to know when to hold them, know when to fold them, know when to walk away, know when to run. You never count your money when you’re sitting at the table, they’ll be time enough for counting when the dealing’s done.”
Okay, sure … this lesson comes from a gambler. But isn’t it really great advice? There’s a move I really want FOODE to make – but I can’t. I was presented with information, and that information doesn’t go in accordance with my bottom line. I have to walk away.
So, there it is. Some people have their MBA’s, I have life lessons from Jay Z & Kenny Rogers. I’m cool with that.